A Step-by-Step-Guide on how to buy Electra (ECA)
Step 1 – Signup to Kraken You will first need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get Bitcoin or Ethereum.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Electra (ECA) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find Electra (ECA) As soon as your deposit has been verified, you will now have access to your funds and you can launch invest and trading. To buy Electra (ECA) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot Electra (ECA), you will need to put the shortname of the coin (ECA) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we've highlighted this too. Click on “ECA/BTC” to advance.
Step 4 – Purchase Electra (ECA) As soon as you've found Electra (ECA), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest price Electra (ECA) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of ECA you want to buy. The ”Total” field is the aggregated price in BTC that you will settle for the whole amount of ECA. If you're happy, make a mouse click on “Buy ECA”. Your plan will be filled when a Seller sells their ECA for the price you introduced.
Step 5 – Withdraw Electra (ECA) Unless you are frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your Electra (ECA), go to the tab called “Funds” and click on “Withdraw”. Electra (ECA) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Electra (ECA) by using the given drop-down box. Put into the volumen of Electra (ECA) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.